-0.21%
16.67%
3.99%
1.30%
43.87%
-79.42%
-79.07%

Company Description

Medical Properties Trust, Inc.is a self-advised real estate investment trust formed in 2003 to acquire and develop net-leased hospital facilities.From its inception in Birmingham, Alabama, the Company has grown to become one of the world's largest owners of hospital real estate with 441 facilities and approximately 44,000 licensed beds as of September 30, 2023.


Since the end of the third quarter, the Company has sold four facilities and now owns approximately 43,000 licensed beds in nine countries across three continents.MPT's financing model facilitates acquisitions and recapitalizations and allows operators of hospitals to unlock the value of their real estate assets to fund facility improvements, technology upgrades and other investments in operations.

Market Data

Last Price 4.69
Change Percentage -0.21%
Open 4.78
Previous Close 4.7
Market Cap ( Millions) 2816
Volume 15381893
Year High 6.55
Year Low 3.09
M A 50 4.13
M A 200 4.71

Financial Ratios

FCF Yield 1.15%
Dividend Yield 9.81%
ROE -38.86%
Debt / Equity 171.96%
Net Debt / EBIDTA -1863.30%
Price To Book 0.52
Price Earnings Ratio -1.12
Price To FCF 86.65
Price To sales 4.39
EV / EBITDA -24.41

News

Business Breakdown

Expected Mid-Term Growth

Segment nΒ°1 -> Rent Billed

Expected Growth : 4.5 %

What the company do ?

Rent Billed from Medical Properties Trust, Inc. refers to the total amount of rent earned by the company from its medical properties, representing a key revenue stream.

Why we expect these perspectives ?

The 4.5% growth in Rent Billed from Medical Properties Trust, Inc. is driven by increasing demand for healthcare services, aging population, and consolidation in the healthcare industry. Additionally, the company's strategic acquisitions and investments in high-quality medical properties, as well as its strong relationships with leading healthcare operators, contribute to its growth.

Segment nΒ°2 -> Straight-line Rent

Expected Growth : 4.8 %

What the company do ?

Straight-line Rent from Medical Properties Trust, Inc. refers to the rent revenue recognized on a straight-line basis, adjusting for variations in rent payments over the lease term.

Why we expect these perspectives ?

Strong demand for healthcare services, aging population, and increasing healthcare expenditure drive Medical Properties Trust's straight-line rent growth. Additionally, the company's diversified portfolio of medical facilities, strategic acquisitions, and long-term leases with high-quality tenants contribute to its 4.8% growth rate.

Segment nΒ°3 -> Income from Financing Leases

Expected Growth : 4.2 %

What the company do ?

Income from Financing Leases from Medical Properties Trust, Inc. refers to the revenue generated from leasing medical properties to healthcare operators.

Why we expect these perspectives ?

The 4.2% growth in Income from Financing Leases from Medical Properties Trust, Inc. is driven by increasing demand for healthcare services, expansion of existing medical facilities, and strategic acquisitions of new properties. Additionally, the company's diversified portfolio of medical office buildings, hospitals, and other healthcare facilities has contributed to the growth.

Segment nΒ°4 -> Interest and Other Income

Expected Growth : 4.0 %

What the company do ?

Interest and Other Income from Medical Properties Trust, Inc. refers to the revenue generated from investments in medical properties, including rent and interest income.

Why we expect these perspectives ?

The 4.0% growth in Interest and Other Income from Medical Properties Trust, Inc. is driven by increasing investments in healthcare real estate, rising demand for medical facilities, and growing rental income from existing properties. Additionally, strategic acquisitions and partnerships have expanded the company's portfolio, contributing to the growth.

Medical Properties Trust, Inc. Products

Product Range What is it ?
Hospital Real Estate Investments Medical Properties Trust, Inc. invests in hospital real estate, providing capital to hospital operators in exchange for long-term leases.
Medical Office Buildings The company invests in medical office buildings, providing healthcare providers with facilities to operate their practices.
Surgical Hospitals Medical Properties Trust, Inc. invests in surgical hospitals, providing specialized facilities for outpatient surgical procedures.
Rehabilitation Hospitals The company invests in rehabilitation hospitals, providing specialized facilities for patients requiring intensive rehabilitation therapy.
Long-Term Acute Care Hospitals Medical Properties Trust, Inc. invests in long-term acute care hospitals, providing specialized facilities for patients requiring extended hospital stays.
Behavioral Health Facilities The company invests in behavioral health facilities, providing specialized facilities for patients requiring mental health and addiction treatment.

Medical Properties Trust, Inc.'s Porter Forces

Medical Properties Trust, Inc. operates in a niche market, providing real estate financing solutions to healthcare operators. While there are some substitutes available, such as traditional lenders and private equity firms, the company's specialized expertise and relationships with healthcare operators provide a competitive advantage.

Medical Properties Trust, Inc.'s customers are primarily healthcare operators, who have limited bargaining power due to the specialized nature of the company's services and the importance of maintaining relationships with healthcare providers.

Medical Properties Trust, Inc. has a diversified portfolio of investments, which reduces its dependence on any single supplier. Additionally, the company's strong financial position and reputation in the industry give it bargaining power in negotiating with suppliers.

The barriers to entry in the healthcare real estate financing market are relatively high, due to the specialized nature of the business and the need for strong relationships with healthcare operators. This limits the threat of new entrants to Medical Properties Trust, Inc.'s market.

The healthcare real estate financing market is moderately competitive, with a few established players competing for market share. However, Medical Properties Trust, Inc.'s strong track record and relationships with healthcare operators provide a competitive advantage.

Capital Structure

Value
Debt Weight 56.90%
Debt Cost 3.95%
Equity Weight 43.10%
Equity Cost 10.00%
WACC 6.56%
Leverage 132.00%

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

Company Rational
OHI Omega is a real estate investment trust that invests in the long-term healthcare industry, primarily in skilled nursing and assisted living facilities. Its portfolio of assets is operated by a …
SBRA As of March 31, 2022, Sabra's investment portfolio included 416 real estate properties held for investment. This consists of (i) 279 Skilled Nursing/Transitional Care facilities, (ii) 59 Senior Housing communities …
VTR Ventas, an S&P 500 company, operates at the intersection of two powerful and dynamic industries Β– healthcare and real estate. As one of the world's foremost Real Estate Investment Trusts …
HR Healthcare Realty Trust is a real estate investment trust that integrates owning, managing, financing and developing income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout …
CTRE CareTrust REIT, Inc. is a self-administered, publicly-traded real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing, seniors housing and other healthcare-related properties. With a …

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
4.69$
Current Price
4.69$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

Peers Group Analysis

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